Argentine province to auction six Vaca Muerta oil, gas blocks - media

Company representatives will travel to Dallas in January to drum up interest from U.S. independent exploration and production companies for the auction, GyP President Alberto Saggese told Argentine newspaper Rio Negro.Reuters | December 25, 2016, 11:28 IST

Company representatives will travel to Dallas in January to drum up interest from U.S. independent exploration and production companies for the auction, GyP President Alberto Saggese told Argentine newspaper Rio Negro.

Vaca Muerta, one of the world's largest shale formations, has attracted investment from Exxon Mobil Corp and Chevron Corp, but remains largely unexplored. Argentina's government has sought foreign investment in Vaca Muerta to drive economic growth and overcome an energy deficit. (Reporting by Luc Cohen; Editing by Dan Grebler)